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The Innovation 'Function'

Imaginatik

At Imaginatik, we call this the “fluff and magic” vision of innovation where value can only be created by anointed innovation/design Shamans toiling in exposed brick and beam lab/temples. At Imaginatik, we refer to these different values as “currencies” when we are modeling the “value” of a project or a portfolio of innovation projects.

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Why “Path-to-Value” is Crucial for Corporate Innovators

Imaginatik

Recent conversations with a new Imaginatik client, from late 2017, have stuck with me these past few months. Executives are hoping for big things from the innovation group. Despite high hopes and active exec support, the innovation group has struggled to find its footing. Let’s call them Acme Corporation.

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Open innovation & crowdsourcing resources

Board of Innovation

Open innovation software Imaginatik – collective intelligence software Venture Spirit – gamification platform Wellspring Worldwide – open innovation software 06.

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Why Innovation Maturity Matters

Imaginatik

A culture of innovation may exist in certain pockets (such as within the engineering culture of many tech firms), or a declared group may already be doing great work on specific innovation projects. But this is very different from being an organization that understands, across the board, how to innovate together.

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Beyond Flavor of the Month: Managing Idea Challenges as a Repeatable Program

Imaginatik

An Idea Challenge is a structured process to collect new ideas from large groups of people – employees, customers, partners, or other stakeholders. Though they often deliver some success, organizations often struggle to take the challenge beyond the initial project, and into a complete innovation program.

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What’s New In Corporate Innovation

Imaginatik

These efforts can be grouped into several blockchain-based strategies, from user-controlled identity (in which each of us “owns” our online identity and data portability), to identity attestation (in which a trusted, public service could verify identity, like online passports or drivers licenses).

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The Four Types of Innovation Metrics

Imaginatik

Future success depends on whether the innovation group can demonstrate or “prove” its value to the company. The early metrics focus areas will also be driven by which innovation activities can be measured most readily, and which leaders or functions are most willing to partner with the innovation group. Projects launched.